My Insurance Broker
Aug 30th, 2016 at 01:11 pm • Richmond Hill, ON
Why does being a university or college graduate affect my insurance premium?
Being a university or college graduate can save you big on insurance. Auto Insurance companies recognize drivers who complete their post-secondary education in Ontario by rewarding them with discounts. Being an alumni of a university or college is indicative of you investing in yourself which insurance companies recognize as potential risk reduction behaviour. As a result, you can be rewarded for having graduated from a professional program recognized by insurance companies. The sooner you complete your post-secondary studies, the sooner you can begin to build a safe driving record and take advantage of these savings among others such as the Conviction Free Discount.
How much can I save on insurance by being a university or college graduate?
Being a college or university alumni can affect your insurance premium. After studying hard and showing your dedication to your personal development, you may be eligible to save between 5 – 15%.